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$1,795 - $1,8951 to 3 Bedroom Apartments Available Sep 12
Huning Castle Apartments
1500 Central Ave SWAlbuquerque, NM 87104
Cheap Apartments for Rent in the Downtown Albuquerque Neighborhood of Albuquerque, NM from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
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$1,600 - $2,3001 to 2 Bedroom Apartments Available Now
One Central
1 Central Ave NWAlbuquerque, NM 87102
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$740 - $790Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
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$1,045 - $1,395Studio to 2 Bedroom Apartments Available Now
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Showing Results 1-22, Page 1 of 1
Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque Studio Apartments | $891 | $740 | $1,095 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,321 | $956 | $1,895 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,680 | $1,295 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Downtown Albuquerque, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available Downtown Albuquerque Apartments for Rent
The cheapest available apartment rental in the Downtown Albuquerque area of Albuquerque, NM is a Studio unit found at Millennium Flats - Washer-Dryer Included priced from $740. Silver Moon Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,045 |
| One Central | 2x2 A | 2BR,2BA | $1,600 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of August 10, 2025 the best value apartment in the Downtown Albuquerque area is the $1.46 price per square foot 1212 Gold Ave SW Model at 1212 Gold Ave SW, Unit 1212 Gold SW Duplex in the in the Silver Lofts neighborhood starting from $1,900. The second greatest value Downtown Albuquerque apartment is the 2x2 B Model at One Central starting at $1,650 with a $2.24 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1212 Gold Ave SW, Unit 1212 Gold SW Duplex | 1212 Gold Ave SW | 2BR,1BA | $1.46 |
| One Central | 2x2 B | 2BR,2BA | $2.24 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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Pet Friendly LifestyleDowntown Albuquerque, Albuquerque, NM
Ranked #156
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Albuquerque Apartments
What is the Cheapest Studio apartment in Downtown Albuquerque?
Currently the most affordable Cheap Studio Apartment in Downtown Albuquerque is at Millennium Flats - Washer-Dryer Included listed at $740.
How much is rent for a Cheap One Bedroom Downtown Albuquerque Apartment?
The lowest price for a Cheap One Bedroom Downtown Albuquerque Apartment is $956 at Silver Moon Lodge.
What is the lowest price for a Cheap Two Bedroom Downtown Albuquerque Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albuquerque is starting from $1,600 at One Central.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.